Harbour Energy plc (OTCMKTS:HBRIY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Harbour Energy plc (OTCMKTS:HBRIYGet Rating) has been assigned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $630.00.

A number of equities research analysts have recently commented on the company. Barclays increased their price objective on Harbour Energy from GBX 715 ($8.64) to GBX 735 ($8.88) in a research report on Friday, August 26th. Morgan Stanley cut their price objective on Harbour Energy from GBX 590 ($7.13) to GBX 525 ($6.34) in a research report on Wednesday, June 1st.

Harbour Energy Stock Performance

Shares of OTCMKTS:HBRIY opened at $5.55 on Thursday. Harbour Energy has a one year low of $3.93 and a one year high of $6.77. The stock has a fifty day moving average of $4.89 and a 200-day moving average of $5.30. The company has a current ratio of 0.56, a quick ratio of 0.51 and a debt-to-equity ratio of 6.03.

Harbour Energy Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, October 31st. Shareholders of record on Friday, September 9th will be paid a dividend of $0.0968 per share. This represents a yield of 3.14%. The ex-dividend date of this dividend is Thursday, September 8th.

Harbour Energy Company Profile

(Get Rating)

Harbour Energy plc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas reserves. It holds 124 license interests and 48 producing fields in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico.

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Analyst Recommendations for Harbour Energy (OTCMKTS:HBRIY)

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